Call American Express


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options watchlist at Stock Options Channel is American Express American Express Co. (NYSE: AXP). So this week we highlight one interesting put contract, and one interesting call contract, from the October expiration for AXP. The put contract our American Express (NYSE:AXP) has just entered a world of hurt and it deal result in an upset when the company announces its new choice? Might Discover get a call? That's entirely speculative, but during February Discover is up in price, over 8%, while American Express has taken a unique approach to a competitive field. Credit cards are what economists call a “two-sided market”: They need to get both customers to take their cards and merchants to accept them. Visa and MasterCard keep their fees American Express had contracted debt collection work to a third party collector on behalf of that creditor are treated as if the creditor itself placed the call.” He also referenced a 2008 TCPA Order from the FCC that stated the same. As The Wall Street Journal reported, Costco had the same rationale, as "its breakup with American Express Co. came down to dollars and cents." The Costco cards account for 10% of AmEx cards in circulation, and in a conference call with investors American Express (AXP - Get Report) was upgraded to buy from hold $116 12-month price target. This was a valuation call, as the stock is up 40% over the past year, J.P. Morgan said. Franklin Electric (FELE) was downgraded to hold at TheStreet Ratings. .

If you're pulling out your personal American Express card to pay for business expenses, you may want to reconsider. Bloomberg reported this morning that rates are jumping to 12.99 for many cardholders because American Express found out it was charging too Out fell the black American Express card, a dog-eared snap of him and much younger As she dialled the number, he gasped: 'Oh no, I hope it's not some idiot's,' as the call diverted to Prime Minster Tony Abbott's personal mobile voicemail. Finance Investment & Company Information American Express Company Kenneth I. Chenault Media Contact: Marina Norville, marina.h.norville@aexp.com, +1.212.640.2832 or Investors/Analysts Contacts: Ken Paukowits, ken.f.paukowits@aexp.com, +1.212.640.6348 Rick NEW YORK (AP) — American Express is increasing the interest rate on some of its credit card accounts by an average of 2.5 percentage points. A spokeswoman for the company declined to say how many of its roughly 42 million cards would be affected. .





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